TS ADVICE
ActiveSummary
TS ADVICE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,423 and a net result of €65,924. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency66▼-34
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 8.57 in 2024; short-term debt: 59% and cash: 87.2% of total assets), but 59% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41%
Return on assets
28.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
3 d late
2024
25 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€94,423▼ 35.8%
2024 · €146,979
Total assets
€230,230▲ 38.6%
2024 · €166,105
Net result
€65,924▼ 5.5%
2024 · €69,783
Working capital
€92,818▼ 35.7%
2024 · €144,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€95,292-€90,857▼ 4.7%€85,443▼ 6.0%
Net result€75,888above the sector's middle half-€69,783above the sector's middle half▼ 8.0%€65,924within the sector's middle half▼ 5.5%
Equity€78,055within the sector's middle half-€146,979within the sector's middle half▲ 88.3%€94,423within the sector's middle half▼ 35.8%
Total assets€109,790within the sector's middle half-€166,105within the sector's middle half▲ 51.3%€230,230within the sector's middle half▲ 38.6%
Debt€31,735-€19,127▼ 39.7%€135,807▲ 610%
Working capital€77,655within the sector's middle half-€144,432above the sector's middle half▲ 86.0%€92,818within the sector's middle half▼ 35.7%
Solvency71.1%within the sector's middle half-88.5%above the sector's middle half▲ 17.4pp41.0%within the sector's middle half▼ 47.5pp
Current ratio3.45within the sector's middle half-8.57above the sector's middle half▲ 5.121.68within the sector's middle half▼ 6.89
Return on assets (ROA)69.1%above the sector's middle half-42.0%above the sector's middle half▼ 27.1pp28.6%within the sector's middle half▼ 13.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €230,230
Fixed assets
€1,605 ▼ 38.1%
Current assets
€228,625 ▲ 39.8%
Equity and liabilities €230,230
Equity
€94,423 ▼ 35.8%
Debt
€135,807 ▲ 610%
Debt's share of the balance-sheet total rises from 11.5% to 59.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€86,430▼
2024 · €91,626
Cash flow
€66,911▼
2024 · €70,552
Debt to equity
1.44▲
2024 · 0.13
ROE
69.8%▲
2024 · 47.5%
Interest coverage
32.66▲
2024 · 29.60
Debt ≤ 1 year
€135,807▲
2024 · €19,082
Income taxes
€17,233▼
2024 · €18,240
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €769 | €987 | ▲ 28.3% |
| Other operating charges640/8 | €350 | €64 | €484 | ▲ 659% |
| Gross operating margin9900 | €95,643 | €91,690 | €86,914 | ▼ 5.2% |
| Operating profit (loss)9901 | €95,292 | €90,857 | €85,443 | ▼ 6.0% |
| Financial income75/76B | - | €261 | €360 | ▲ 38.0% |
| Recurring financial income75 | - | €261 | €360 | ▲ 38.0% |
| Financial charges65/66B | €118 | €3,095 | €2,646 | ▼ 14.5% |
| Recurring financial charges65 | €118 | €3,095 | €2,646 | ▼ 14.5% |
| Profit (loss) for the period before taxes9903 | €95,174 | €88,023 | €83,157 | ▼ 5.5% |
| Income taxes67/77 | €19,286 | €18,240 | €17,233 | ▼ 5.5% |
| Profit (loss) for the period9904 | €75,888 | €69,783 | €65,924 | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €75,888 | €69,783 | €65,924 | ▼ 5.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €109,790 | €166,105 | €230,230 | ▲ 38.6% |
| Fixed assets21/28 | €400 | €2,592 | €1,605 | ▼ 38.1% |
| Tangible fixed assets22/27 | - | €2,192 | €1,205 | ▼ 45.0% |
| Furniture and vehicles24 | - | €2,192 | €1,205 | ▼ 45.0% |
| Financial fixed assets28 | €400 | €400 | €400 | = |
| Current assets29/58 | €109,390 | €163,513 | €228,625 | ▲ 39.8% |
| Amounts receivable within one year40/41 | €18,150 | €18,150 | €18,525 | ▲ 2.1% |
| Trade receivables40 | €18,150 | €18,150 | €18,150 | = |
| Other amounts receivable41 | - | - | €375 | - |
| Cash at bank and in hand54/58 | €91,240 | €132,957 | €200,799 | ▲ 51.0% |
| Deferred charges and accrued income490/1 | - | €12,406 | €9,301 | ▼ 25.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €109,790 | €166,105 | €230,230 | ▲ 38.6% |
| Equity10/15 | €78,055 | €146,979 | €94,423 | ▼ 35.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €75,055 | €143,979 | €91,423 | ▼ 36.5% |
| Amounts payable17/49 | €31,735 | €19,127 | €135,807 | ▲ 610% |
| Amounts payable within one year42/48 | €31,735 | €19,082 | €135,807 | ▲ 612% |
| Trade debts44 | €2,733 | €1,242 | €224 | ▼ 82.0% |
| Suppliers440/4 | €2,733 | €1,242 | €224 | ▼ 82.0% |
| Taxes, remuneration and social security45 | €26,169 | €14,981 | €33,120 | ▲ 121% |
| Taxes450/3 | €23,676 | €14,981 | €33,120 | ▲ 121% |
| Remuneration and social security454/9 | €2,493 | €0 | - | - |
| Other amounts payable47/48 | €2,833 | €2,859 | €102,463 | ▲ 3,484% |
| Accrued charges and deferred income492/3 | - | €45 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €75,888 | €69,783 | €65,924 | ▼ 5.5% |
| + Depreciation and write-downs630 | - | €769 | €987 | ▲ 28.3% |
| Operating cash flow (approximation) | €75,888 | €70,552 | €66,911 | ▼ 5.2% |
| Investment in fixed assets (approximation) | - | -€2,961 | €0 | ▲ 100% |
| Change in cash | - | €41,717 | €67,842 | ▲ 62.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €65,924 ▼5.5%
Net result drops to €65,924, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 8.57
Current ratio from 3.45 to 8.57; short-term debt falls from €31,735 to €19,082.
31-12
Financial
Equity above €100,000Eq €146,979 ▲88.3%
2 profitable years in a row build equity to €146,979.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaumont-Gistoux · 1 establishment unit since 2023
Ground area
763 m²
Building footprint
93 m²
Parcel 25025B0176/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TS ADVICE
since 20232.342.020.656
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025B0176/00Z000 | Wallonia | 763 m² | 1 · 93 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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FinSAG
BE 0786.807.976
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D&D IMPERIUM
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0797682468
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.